Who is Mohamed Alabbar? 6 Facts You Need To Know About The Visionary Emirati Businessman
Harper’s Bazaar Arabia shares everything we know about the Founder and Chairman of Emaar Properties
Who is Mohamed Alabbar? Bazaar Arabia shares a few facts about the Emirati businessman.
Emirati businessman Mohamed Alabbar is no new name for all netizens living in the Middle East. The Chairman of Emaar Properties and real-estate enthusiast has been an integral part of Dubai’s growth in various industries such as hospitality, e-commerce, technology and others. With an impressive portfolio of investments and achievements in the region and globally, Mohamed Alabbar is considered a driving force behind several outstanding achievements like the world’s tallest tower and Dubai’s tourist attraction, the Burj Khalifa, founded by his company Emaar Properties.
With the recent news of a 3.2% acquisition in YNAP, an Italian company with leading fashion retailer titles like Net-a-Porter, Harper’s Bazaar Arabia shares everything we know about the successful, renowned Emirati businessman who is taking UAE’s name globally.
Who is Mohamed Alabbar? 6 Facts You Need To Know
He has a degree in Finance and Business Administration.
According to his official website, Mohamed Alabbar has obtained a degree in Finance and Business Administration from the Seattle University. Additionally, he also received an Honorary Doctorate from the university. The successful businessman also has an Honorary Doctorate from London School of Economics, and a Political Science Honorary Doctorate from Sun Moon University in South Korea.
He is the chairman of Emaar Properties.
Mohamed Alabbar is the chairman of Emaar Properties. Emaar Prosperities is a global multinational firm that has a presence in over 80 countries worldwide. According to BOF, he is the founder and owner of Alabbar Enterprises, a company that invests in various businesses in the Middle East, Asia and Africa region.
Mohamed Alabbar has worked with Lebanese designer Elie Saab.
In 2019, Emaar Properties unveiled a collaboration with popular designer Elie Saab.
He has a 3.2% stake in YNAP
According to the Richemont website, the Emirati businessman has a 3.2% stake in YNAP. YNAP’s umbrella of companies include Net-a-Porter, Mr Porter, and The Outnet. Additionally, in recent news reported by BOF, Farfetch will enter a joint venture with Richemont to take ownership of the luxury platform Yoox Net-a-Porter.
He has interests in other sectors like retail, and technology as well.
According to his official website, the successful businessman has interests in real estate, retail, hospitality, e-commerce, technology, logistics, F&B, and venture capital.
He frequently travels.
As per his Instagram page, Mohamed Alabbar is often seen travelling to various destinations globally. For instance, in September, he was visiting the Mayor of Beijing, in China.